Pan Asia Bank recently signed an agreement with Union Assurance PLC to offer its valued customer base a wide range of Life, Health, and Investment insurance solutions. As part of this strategic tie-up, Union Assurance will work closely with Pan Asia Bank branches to provide comprehensive solutions to protect the lifestyles, dreams, and ambitions of Pan Asia customers.
Pan Asia Bank’s Managing Director/Chief Executive Officer Nimal Tillekeratne stated: “Pan Asia Bank always strives to give customers, the best of convenience and value for money. Serving the nation as the Truly Sri Lankan Bank for almost 3 decades, we are happy to partner with Union Assurance to enhance the portfolio of products and services available to our valued customers through our branch network.”
The Chief Executive Officer of Union Assurance, Jude Gomes, said this strategic partnership would help narrow the Protection gap in Sri Lanka and empower the Sri Lankan dream while expanding the Bancassurance footprint. He asserted that it will enable them to offer the best value to customers of Pan Asia Bank. “They will benefit from a new-age insurance experience, with a focus on service excellence,” he added.
The signing and exchange of the agreement took place recently at the Pan Asia Bank head office, with the participation of senior leadership teams from both parties.